Italica Floor Tiles Profile
Key Indicators
- Authorised Capital ₹ 10.70 Cr
- Paid Up Capital ₹ 10.69 Cr
- Company Age 20 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 111.38 Cr
- Satisfied Charges ₹ 29.46 Cr
- Revenue Growth -52.54%
- Profit Growth -1606.02%
- Ebitda -90.73%
- Net Worth -30.43%
- Total Assets -33.24%
About Italica Floor Tiles
Italica Floor Tiles Private Limited (IFTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 September 2004 and has a history of 20 years and four months. Its registered office is in Rajkot, Gujarat, India.
The Corporate was formerly known as Italica Floor Tiles Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.70 Cr and a paid-up capital of Rs 10.69 Cr.
The company currently has active open charges totaling ₹111.38 Cr. The company has closed loans amounting to ₹29.46 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shaileshbhai Vasnani, Umeshbhai Dhoriyani, and Mehul Koringa serve as directors at the Company.
Company Details
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Location
Rajkot, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U26933GJ2004PTC044818
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Company No.
044818
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Sep 2004
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Date of AGM
20 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Italica Floor Tiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shaileshbhai Vasnani
|
Managing Director | 28-Sep-2004 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Umeshbhai Dhoriyani
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Whole-Time Director | 15-Feb-2012 | Current |
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Mehul Koringa
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Director | 30-Jul-2015 | Current |
Financial Performance of Italica Floor Tiles.
Italica Floor Tiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.54% decrease. The company also saw a substantial fall in profitability, with a 1606.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.43%.
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What is the Ownership and Shareholding Structure of Italica Floor Tiles?
In 2023, Italica Floor Tiles had a promoter holding of 66.60% and a public holding of 33.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Fiotex Cotspin Private LimitedShaileshbhai Vasnani is a mutual person
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Cresta Business India LlpShaileshbhai Vasnani is a mutual person
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Dwarkadhish Cotspin Private Limited
Shaileshbhai Vasnani is a mutual person
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Eta Business Private Limited
Shaileshbhai Vasnani is a mutual person
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Club Privilege Private Limited
Shaileshbhai Vasnani is a mutual person
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Rising Financials Limited
Shaileshbhai Vasnani is a mutual person
Charges (Loans)
₹111.38 Cr
₹29.46 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 69.48 Cr
- Others : 41.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2022 | Others | ₹41.90 Cr | Open |
| 14 Mar 2008 | Hdfc Bank Limited | ₹34.74 Cr | Open |
| 23 Jul 2007 | Hdfc Bank Limited | ₹34.74 Cr | Open |
| 23 Jul 2007 | Hdfc Bank Limited | ₹10.65 Cr | Satisfied |
| 09 Jun 2005 | State Bank Of India | ₹8.33 Cr | Satisfied |
How Many Employees Work at Italica Floor Tiles?
Italica Floor Tiles has a workforce of 13 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Italica Floor Tiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Italica Floor Tiles's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
